Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution ...

Before its Chapter 11 bankruptcy filing Northvolt was recognised as Europe's primary competitor to challenge Asian companies ...

Northvolt has agreed to sell its business unit that produces electric battery packs for heavy industry, one of its few ...

The sale of Northvolt Systems Industrial follows similar divestments to companies such as Norsk Hydro and Volvo Cars, as Northvolt aims to reduce costs and focus on its battery plant in northern ...

Scania agreed to buy Northvolt’s heavy industry business as the battery maker continues to work through a restructuring ...

Sweden’s Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the two companies said ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...